Pakistan’s Netline inks agreement for 20 MW of solar power in KSA: Karachi-based renewables startup Netline Group signed an agreement with Saudi Arabian power company Tamheed Energy to develop solar power plants generating a total of 20 MW in Neom and other parts of the kingdom, Netline managing director Umair Zavary told Gulf News. The estimated price tag for the projects is USD 10 mn.

Netline has established a footing in Saudi already: The company has around 400 solar power systems deployed across KSA with a 10 MW generation capacity and has a USD 3 mn agreement in place with Neom for the design of the city’s electric power system, Arab News quotes Zavary as saying.

About Netline: The startup — which recently went through its Series A funding round at a USD 4.5 mn valuation — has plans to begin wide-scale manufacturing of PV panels by 4Q 2024 and acts as a consultant, designer, and EPC contractor for solar energy projects covering a wide range of clients including commercial, residential, and industry-scale customers, according to their website.

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